emmis Acquisition Corp-A 2025年季度报告

FORM10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter endedJune 30,2025 Commission file number:001-42861 Emmis Acquisition Corp.(Exact Name of Registrant as Specified in Its Charter) (Issuer’s telephone number) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of November 4, 2025, there were11,942,500Class A ordinary shares, $0.0001 par value and3,833,333Class B ordinary shares,$0.0001 par value, issued and outstanding. EMMIS ACQUISITION CORP.FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2025TABLE OF CONTENTS PagePart I. Financial InformationItem 1. Interim Financial StatementsCondensed Balance Sheet as of June 30, 2025 (Unaudited)1Condensed Statements of Operations for the three months ended and for the period from March 21, 2025 (Inception)through June 30, 2025 (Unaudited)2Condensed Statements of Changes in Shareholder’s Deficit for the three months ended and for the period fromMarch 21, 2025 (Inception) through June 30, 2025 (Unaudited)3Condensed Statement of Cash Flows for the period from March 21, 2025 (Inception) through June 30, 2025(Unaudited)4Notes to Condensed Financial Statements (Unaudited)5Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations14Item 3. Quantitative and Qualitative Disclosures About Market Risk16Item 4. Controls and Procedures16Part II. Other InformationItem 1. Legal Proceedings17Item 1A. Risk Factors17Item 2. Unregistered Sales of Equity Securities and Use of Proceeds17Item 3. Defaults Upon Senior Securities17Item 4. Mine Safety Disclosures17Item 5. Other Information17Item 6. Exhibits18Part III. Signatures19 PART I - FINANCIAL INFORMATION EMMIS ACQUISITION CORP.CONDENSED BALANCE SHEETJUNE 30, 2025(UNAUDITED) (1)Includes an aggregate of 500,000 Class B ordinary shares subject to forfeiture if the over-allotment is not exercised in full or inpart by the underwriters. On September 26, 2025, the underwriters exercised their over-allotment option in full as part of theclosing of the Initial Public Offering. As such, the 500,000 Class B ordinary shares are no longer subject to forfeiture (Note 5).(2)This numberhas been retroactively adjusted to reflect the recapitalization of the Company in the form of the cancellation of 1Class B ordinary share and the subsequent issuance of 3,833,333 Class B ordinary shares on June 27, 2025 (Note 5). The accompanying notes are an integral part of the unaudited condensed financial statements. EMMIS ACQUISITION CORP.CONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) (1)Excludes an aggregate of 500,000 Class B ordinary shares subject to forfeiture if the over-allotment is not exercised in full or inpart by the underwriters. On September 26, 2025, the underwriters exercised their over-allotment option in full as part of theclosing of the Initial Public Offering. As such, the 500,000 Class B ordinary shares are no longer subject to forfeiture (Note 5).(2)This numberhas been retroactively adjusted to reflect the recapitalization of the Company in the form of the cancellation of 1Class B ordinary share and the subsequent issuance of 3,833,333 Class B ordinary shares on June 27, 2025 (Note 5). The accompanying notes are an integral part of the unaudited condensed financial statements. EMMIS ACQUISITION CORP.CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDER’S DEFICITFOR THE THREE MONTHS ENDED ANDFOR THE PERIOD FROM MARCH 21, 2025 (INCEPTION) THROUGH JUNE 30, 2025(UNAUDITED) (1)Includes an aggregate of 500,000 Class B ordinar